Assistant Manager - Assurance - National - ASU - FAAS - Financial&AccountingAdv - Bangalore

Requisition Id: 1727639

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Assistant Manager-National-Assurance-ASU - FAAS - Financial&AccountingAdv - Bangalore

National :

National comprises of sector agnostic teams working across industries for a well rounded experience.

ASU - FAAS - Financial&AccountingAdv :

Assurance’s purpose is to inspire confidence and trust to enable a complex world to work. We do so by protecting and serving the public interest, promoting transparency, supporting investor confidence and economic growth and nurturing talent to provide future business leaders . We help clients by : 

1) Ensuring their accounts comply with the requisite audit standards 

2) Providing a robust and clear perspective to audit committees and 

3) Providing critical information for stakeholders. 

Our Service Offerings include External Audit,  Financial Accounting Advisory Services (FAAS) , IFRS & US GAAP conversion , IPO and other public offering, Corporate Treasury - IFRS 9 accounting & implementation support etc.

Your key responsibilities

Technical Excellence

• Responsible for working with the AP Manager to monitor progress of long-term AP objectives
• Review and supervise the end-to-end related invoice processing activities, ensuring accuracy, timeliness, and compliance with contracting terms, organizational policies and external regulations.
• Develop, implement, and maintain standard operating procedures (SOPs) to ensure consistency and efficiency in invoice handling.
• Assist with ensuring that all invoices are received through a centralized repository, vendor statements are being reconciled on a periodic basis and expenses are being analysed and MSME vendors are paid on time
• Monitor performance and ensure that service level agreements (SLAs) and key performance indicators (KPIs) are consistently met or exceeded, including activities of outsourced service provider.
• Respond to vendor queries, providing timely updates on invoice and payment status.
• Support Treasury by executing approved payment runs, monitoring bank acknowledgements, and assisting in resolution of payment rejections, delays, and clearing discrepancies
• Resolve escalations involving invoice discrepancies, vendor disputes, or policy issues by collaborating with stakeholders.
• Regularly review exception reports to identify and address recurring errors, providing root-cause analysis and corrective measures.
• Identify and support initiatives pertaining to Invoice processing digitization and process enhancements
• Conduct proper recordkeeping of purchases for use in tax preparation and periodic audits.
• Assist with preparation and maintenance of supporting documentation for treasury related activities including BRS, statutory payments, and foreign remittance support
• Prepare and performance reports, highlighting achievements, challenges, and opportunities for continuous improvement
• Accountable for all AP controls: must prevent duplicate payments, mitigate fraud risk and ensure regulatory requirements met (e.g. Tax compliance)
• Provide outsourced service provider staff with the necessary technical information and guidance that will enable them to complete their tasks in the required manner Supporting Responsibilities
• Provide recommendations and contribute to the functions of policies and procedures pertaining to the scope of work that falls under his/her supervision. Experience 1-5 years of Accounting experience with demonstrated experience in an Accounts Payable team member position Educational Qualifications MBA Finance / B.Com(H)/ M.Com(H) Key Skills
• Knowledge of Finance/Accounting systems (SAP preferred), MS Office, excellent analytical skills
• Proficiency in the English language Behavioural Competencies
• Pro-active thinker (Intermediate)
• Can-do self-starter (Advanced)
• Collaboration (Intermediate)
• Digital adopter (Intermediate)
• Ecosystem builder (Intermediate) Functional Competencies
• Capable of resolving complex issues by analysing root causes and implementing effective solutions.
• Proficient in identifying inefficiencies and supporting driving improvement initiatives
• Strong communication and relationship-building skills to collaborate effectively

Skills and attributes

To qualify for the role you must have
Qualification

• Bachelor of Commerce

Experience

• Financial Analysis (3+ years)

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.

EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in shaping the future with confidence. Apply Now